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Another great coin news story: "Stolen coins worth $250K recovered in Douglasville, GA"...

GoldbullyGoldbully Posts: 18,568 ✭✭✭✭✭
Love, love, love this story............

My FoxAtlanta
Posted: Jan 02, 2013 9:20 PM EST Updated: Jan 02, 2013 10:34 PM EST

By Justin Gray, FOX 5 reporter

A quick-thinking jewelry store owner helped police catch a man suspected of stealing $250,000 worth of coins in Douglasville.

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Empire Jewelers owner Glen Easterwood became skeptical when a man came into his store with bags of gold coins each worth about $2,000.

"He opened the bag, I looked and said, ‘this guy has just ruined somebody's day,'" said Easterwood.

The bags contained gold platinum and silver as well as rare, historic coins.

"He wanted $20,000 for them; it was worth between 250 and 300," said Easterwood.

Easterwood says he offered the man $80,000 and then began to assess the coins in order to buy time as he called police.

"We knew within 30 seconds what was going on, we just had to keep him here until the police got here," said Easterwood.

Police arrived and quickly arrested 19-year-old Shelby Clinton Houpe.

The coin collection, valued at $300,000, had been stolen the from a Carroll County home the night before.

The coins themselves are untraceable and could have quickly been melted down with nobody ever the wiser if Easterwood hadn't done something.

"He saw something and realized there was probably a victim out there and he had the ability to do something about it," said Capt. J.R. Davidson of the Douglasville Police Department.

"It's the biggest problem, the biggest hassle for us. It does not work out good for us if we buy something stolen," said Easterwood.

Police are looking into whether the 19-year-old they've arrested had accomplices.

The coins are back with their rightful owner.

Video

Comments

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    commoncents05commoncents05 Posts: 10,102 ✭✭✭
    Excellent work!

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
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    mkman123mkman123 Posts: 6,849 ✭✭✭✭
    cut off his hands and throw him in prison for a very long time.
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
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    Youd think these morons would at least do a little research and realize they have 300k worth of coins. No, he goes into the coin shop and says he wants 20k for all of it.
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    Good thing this criminal wasn't too bright, but honestly, who keeps $300,000 worth of coins in their home? That's just asking for trouble.
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    notwilightnotwilight Posts: 12,864 ✭✭✭
    Bravo. ....but how could a guy this dumb steal a collection that valuable....
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    halfhunterhalfhunter Posts: 2,770 ✭✭✭


    << <i>Bravo. ....but how could a guy this dumb steal a collection that valuable.... >>



    Hummm . . . Dumb Luck?

    image

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
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    mustanggtmustanggt Posts: 2,693 ✭✭✭✭✭
    image
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Outstanding results.... happy for the collection owner. No one said crooks are smart....usually just the opposite, as in this case. Cheers, RickO
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    CoinosaurusCoinosaurus Posts: 9,659 ✭✭✭✭✭
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    Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Very cool but how many bad dealers would not do this and think it was a "YOU SUCK"? image


    Hoard the keys.
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    bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Nice to see a happy ending.Thanks to an honest store owner!image
    Great coins are not cheap,and cheap coins are not great!

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